“It must be noted that since his appointment as Chairman in May 2017, Dinanath Ramnarine has declared, in writing, his relationship with the TTCB.
“[…] Further, on all matters concerning the TTCB, he recuses himself completely from the Board meetings, which is duly recorded in the minutes.”
The following media statement from the Sport Company of Trinidad and Tobago (SPORTT) responds to Trinidad and Tobago Cricket Board (TTCB) allegations against SPORTT chairman and unsuccessful former TTCB presidential candidate, Dinanath Ramnarine:
The Board of the Sport Company of Trinidad and Tobago Limited (SPORTT) condemns in the strongest way the defamatory statements in a news release issued by the Trinidad and Tobago Cricket Board (TTCB) on 26 April 2018.
The Board of SPORTT has sought legal advice on the comments as they may impute improper behaviour by the Chairman and members of the SPORTT Board, and further, seem to bring the Chairman and members into disrepute.
The SPORTT Board is cognisant of its fiduciary duty and continues to operate at the highest level of compliance, due diligence and good governance in respect of its role and mandate, following due process in all disbursements of public funds to the National Governing Bodies (NGBs) that manage various sports in Trinidad and Tobago.
It must be noted that since his appointment as Chairman in May 2017, Dinanath Ramnarine has declared, in writing, his relationship with the TTCB. He has also spearheaded the implementation of a robust Conflict of Interest policy at SPORTT that governs the relationship of all officers—including members of the Board of Directors—with various sporting bodies and key stakeholders.
Further, the Chairman is not part of the Finance Sub-Committee of the Board that reviews and makes recommendations to the Board on financial matters, including matters concerning the TTCB.
Further, on all matters concerning the TTCB, he recuses himself completely from the Board meetings, which is duly recorded in the minutes. The TTCB was made aware of this at a meeting held on 22 February 2018 and subsequently in writing on 14 March 2018. It should be noted that the Chairman was absent when SPORTT met with the TTCB on 22 February.
The Board of SPORTT comprises independent professionals who act in accordance with the guidelines outlined in the State Enterprise Performance Monitoring Manual and the Board’s own policies and guidelines. As such, they are uncompromising with respect to adhering to best practices in Corporate Governance.
The Board will make available to the Ministry of Sport and Youth Affairs (MSYA), all relevant documents on this matter and will take all the steps necessary to protect the integrity of its members, the management and staff of the SPORTT, its brand and reputation.